Economics

Productivity, Productivity, Productivity

Today sees the publication of a comprehensive review of the state of the nation and the potential impacts of Brexit in the OECD’s 2017 economic survey of the UK, writes John Egan….

Brexit means Brexit – and it hurts!

British negotiators in Brussels are missing the point and will never win a good deal. Why? Because the European Union is more about politics than economics, writes Murray Ritchie. Many years ago…


Analysis: an Apple that just keeps on rising

Imagine Apple Inc. as a quintessentially huge machine fuelled by investment, converting labour into value and, via sales, into revenue and profit. John Egan looks beyond the data to what is happening at…



The Labour Theory of Value

In the works of 19th century political economists, the understanding of the nature of value is of major significance. The Labour Theory of Value is its foundation stone, writes John Egan. In…


Globalisation: the fightback for a fairer world begins

International trade has led to an equally global backlash from citizens of advanced economies against the economic deprivation to which they feel exposed, John Egan writes. The Organisation for Economic Co-operation and…


Economies on the move – but to where?

The UK economy appears to be venturing where no nation has gone before – at least in modern times. John Egan puts forward new analysis which shows the United Kingdom is leading…




Productivity blues

A slew of new United Kingdom productivity statistics were yesterday released by the Office for National Statistics (ONS). The headlines tell a familiar story, but dig deeper and the UK appears a…